The Guanyin Clay and the Rise of Pinduoduo

In recent years, Pinduoduo and Temu, founded by Huang Zheng, have become serious contenders to e-commerce giants like Taobao. The business model of this secretive company has raised questions about what they might be hiding behind closed doors. They must pay a fixed deposit fee and adhere to Pinduoduo's five golden rules in exchange for a boost in demand for their products. This dilemma mirrors the social challenge presented in the Guanyin clay story, where families must decide whether to feed their children the clay despite its lack of nutrition